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Jan 24, 2013
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. >> greta: every time we hit one of the mile posts, whether it's sequestration or debt ceiling, taxes going up, whatever it is, what happens is the solution is just to extend is somehow and create another hurdle in a certain period of time and when we get to that point we do it again. i mean. >> that's not the best way to do it. >> greta: is there ever going to be a finality to this. >> one way or the other because there will come a point where the debt will deal with us if we don't deal with it. no doubt it has to be dealt with, we would hope we would deal with it it before that point of crisis before we become europe or one of the places that scramble to deal with it that should been dealt with a long time. the president of the united states gave his inaugural address on monday and barely mentioned the national debt and the fundamental argument only way for the middle class and create prosperity in america is for the government to have more control over our economy, more taxes, more regulations, more spending. there's a fundamental difference between the president's view of our futu
. >> greta: every time we hit one of the mile posts, whether it's sequestration or debt ceiling, taxes going up, whatever it is, what happens is the solution is just to extend is somehow and create another hurdle in a certain period of time and when we get to that point we do it again. i mean. >> that's not the best way to do it. >> greta: is there ever going to be a finality to this. >> one way or the other because there will come a point where the debt will deal with...
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Oct 7, 2013
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debt ceiling breach are up to international investors. if they lose confidence in the u.s., taxpayers will pay much more to borrow money. an expense sif proposition when the go. is borrowing hundreds of billions of dollars a year. >>> stocks were down today. the dow lost 136. s&p 500 dropped 14. nasdaq fell 37. now to international news. a long time fugitive al qaeda leader is in u.s. custody. a kenyan operator for the al shabaab group evaded capture, but his fate is still uncertain tonight. those are the headlines from two special operations raids over the weekend in north africa. national security correspondent jennifer griffin has the latest. >> reporter: two gdaring operations in two african countries to capture, not kill, two alleged al qaeda operatives. in somalia, the navy s.e.a.l. team 6 came ashore, their target wanted for his role in training foreign al qaeda fighters and for orchestrating the attack on the kenyan mall. the s.e.a.l.ed has to pull back when a firefight erupted. the target remains at large. 3,000 miles away in lib
debt ceiling breach are up to international investors. if they lose confidence in the u.s., taxpayers will pay much more to borrow money. an expense sif proposition when the go. is borrowing hundreds of billions of dollars a year. >>> stocks were down today. the dow lost 136. s&p 500 dropped 14. nasdaq fell 37. now to international news. a long time fugitive al qaeda leader is in u.s. custody. a kenyan operator for the al shabaab group evaded capture, but his fate is still...
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Oct 6, 2013
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but attached to the debt ceiling increase, construction of the keystone pipeline, it's better to have locusts, plagues, crisis and war. it's an untenable position, but what makes the debt ceiling this recurring crisis so wholesome is it forces us to confront the gap on revenues and outlays and everything you need to know about what's wrong with contemporary washington was in your interview when the secretary said we won't prioritize. a hardware storen kankakee, illinois prioritizes between what to do with its first revenues that come in. we have ten times more revenues than required to service our debt. that canni inbe done, there is need to default, therefore the choice to default will be our choice. >> kirsten, one female official infamously said friday, quote, we are winning so we don't care how long this goes on. the president quickly took that back as he went to lunch impromptu at a sandwich shop, but do the democrats risk overplaying their hand if they continue to refuse to negotiate, or if they continue to refuse to pass these bills, measures to fund nih or head start? >> well,
but attached to the debt ceiling increase, construction of the keystone pipeline, it's better to have locusts, plagues, crisis and war. it's an untenable position, but what makes the debt ceiling this recurring crisis so wholesome is it forces us to confront the gap on revenues and outlays and everything you need to know about what's wrong with contemporary washington was in your interview when the secretary said we won't prioritize. a hardware storen kankakee, illinois prioritizes between what...
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Oct 6, 2013
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but attached to the debt ceiling increase, construction of the keystone pipeline, it's better to have locusts, plagues, crisis and war. and an untenable position. but what makes the debt ceiling this recurring crisis so wholesome is it forces us to move in front the gap between revenues and outlays, and everything you need to know about what's wrong with contemporary washington was in your interview when the secretary said we won't prioritize. a hardware star in kankakee, illinois, prioritizes between what to do with its first revenues that come in. we have ten times more revenues than required to service our debt. that can be done. there's no neat to default. therefore, the administration's position on default will be our choice. >> kirsten, one senior administration official infam s infamously said to "the wall street journal" on friday, quote, we're winning so we don't care how long this goes on. the president quickly took that back, as he was going out for lunch, impromptu at a sandwich shop near the white house. but do democrats run the risk of overplaying their hand if they cont
but attached to the debt ceiling increase, construction of the keystone pipeline, it's better to have locusts, plagues, crisis and war. and an untenable position. but what makes the debt ceiling this recurring crisis so wholesome is it forces us to move in front the gap between revenues and outlays, and everything you need to know about what's wrong with contemporary washington was in your interview when the secretary said we won't prioritize. a hardware star in kankakee, illinois, prioritizes...
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he basically says, well, i i said i won't negotiate while the debt ceiling is hanging over us. so you give me a three-week extension. boehner has said i won't give in on this and give him a clean extension. so it won't be a clean extension of the debt ceiling. it will be i'll give you three weeks, but you got to give me a committee. he told how he wants it it structured. 20 members, i'll give you the agenda, it it will be attached. so it will be a conditional extension. i think the president gets away and he finesses it. we know what happened the last time around. they had a supercommittee that didn't succeed. that's the way you avoid the disaster from the president's perspective. boehner has said all i want is negotiation. he would get it. >> the reason they are not even calling this a supercommittee, this proposal, is because the super committee, by all accounts, didn't work out too well. and that name really doesn't hold a lot of great thoughts for both sides of the aisle. what about this? could speaker boehner get something like this through? >> i think that john boehner is
he basically says, well, i i said i won't negotiate while the debt ceiling is hanging over us. so you give me a three-week extension. boehner has said i won't give in on this and give him a clean extension. so it won't be a clean extension of the debt ceiling. it will be i'll give you three weeks, but you got to give me a committee. he told how he wants it it structured. 20 members, i'll give you the agenda, it it will be attached. so it will be a conditional extension. i think the president...
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february 7th is the next debt ceiling point in this. that's key. and in between there is going to be negotiations on trying to get a handle on this bigger chunk of federal spending. those are entitlements. medicare, medicaid, and social security. they have never fully addressed those and that's the one saving grace that a lot of republicans are saying maybe they can can finally get agreement on this. you mentioned sequestration a few minutes ago. sequestration with the money congress approves and cut that almost to the quick. if they're ever actually going to get a handle on all this spending it, has to come what they call the mandatory spending pie entitlements. that's toxic to touch. hey are you touching my medicare. >> but it is a three month kick the can down the road. chad pergram, thank you very much. >>> stocks surging right from the get-go as word of this senate deal got out. the dow finishing up triple digits to fox business network sandra smith and what is shaping up to be, dare i say it, hog heaven for traders, sandra? >> indeed hog heav
february 7th is the next debt ceiling point in this. that's key. and in between there is going to be negotiations on trying to get a handle on this bigger chunk of federal spending. those are entitlements. medicare, medicaid, and social security. they have never fully addressed those and that's the one saving grace that a lot of republicans are saying maybe they can can finally get agreement on this. you mentioned sequestration a few minutes ago. sequestration with the money congress approves...
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a clean extension of the debt ceiling for six weeks. it's not just privilege from conservative independent retail federation, business folks were saying to republicans over the last 24 hours, this could have a massive impact on the economy. don't do this. that added to the pressure as well. the context from the white house standpoint is, jay carney was stressing at the top of the briefing, after days of calling republicans arsonists and terrorists, he used some of that language today but at the top said cooler heads are prevailing. that seemed like an effort to calm in the market and shut maybe the president is in the mood for a deal. his condition is -- you heard the sound bite from speaker boehner saying we're meeting the president halfway by dealing with the debt ceiling. the other half is reopening the government, and jay carny wend around. the big sticking opinion, can john boehner pass this with republicans and the other big one will the president go along if it's just lifting the debt ceiling. jay carnie finally said, yes, the pr
a clean extension of the debt ceiling for six weeks. it's not just privilege from conservative independent retail federation, business folks were saying to republicans over the last 24 hours, this could have a massive impact on the economy. don't do this. that added to the pressure as well. the context from the white house standpoint is, jay carney was stressing at the top of the briefing, after days of calling republicans arsonists and terrorists, he used some of that language today but at the...
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ceiling battle, it added uncertainty to the markets and hurt the economy. the president has been making na point while senate leader mitch mcconnell says today, we have to have this debate today. take a listen. >> while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they've already wracked up through the laws that they pass passed. >> it needs to happen before the 11th hour and for that to happen, the president needs to show up this time. >> reporter: so, the president is saying he doesn't want to battle over this. the republicans making very clear they will make this a major battle and let me follow nancy pelosi's lead and make this a brief live shot. >> megyn: before you go, are you in favor of the crying or against it? >> look, ace an emotional guy and you know, let it all hang out, i guess. >> megyn: i love asking about the men and the crying and the women are oh, yeah, the men are uncomfortable, (laughter) . thanks, ed. >> thank you. >> megyn: judge is next, andrew
ceiling battle, it added uncertainty to the markets and hurt the economy. the president has been making na point while senate leader mitch mcconnell says today, we have to have this debate today. take a listen. >> while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they've already wracked up through the laws that they pass passed. >> it needs to happen before the 11th hour and for that to...
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. >> bret: what may happen in front of debt ceiling, next stop in the fiscal back and forth between democrats and republicans here in this town. in an interview with wall street jourj, john boehner said interesting things. quote, at one point several weeks ago the speaker said, the president said to me we don't have a spending problem. but mr. president we have a very serious spending problem. the speaker repeated this so often, end of negotiations the president became irritated, said quote, i'm getting tired of hearing you saying that. what i should have done, was to come out and say the house has done its work. house passed a bill and replaced the sequester and house passed a plan extending current tax rates. we passed the budget. we called upon the senate to do their work. we're back with our panel. next fight here. >> we heard pelosi with apologies to john paul jones which she and the president said last week we have not begun to tax and to spend. they have been open about this. as she said, she said we got you on rates, that is round one. round two we're going to squeeze the money out of
. >> bret: what may happen in front of debt ceiling, next stop in the fiscal back and forth between democrats and republicans here in this town. in an interview with wall street jourj, john boehner said interesting things. quote, at one point several weeks ago the speaker said, the president said to me we don't have a spending problem. but mr. president we have a very serious spending problem. the speaker repeated this so often, end of negotiations the president became irritated, said...
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. >> the president said today he will not negotiate on the debt ceiling, uma? >> well, at this point, do you see any sign of a compromise on the gop side? >> no, even as house speaker john boehner said, he's trying to find ways to avoid a government shutdown. some conservative republicans appear determined to stand their ground. >> the president is the individual who's talking about shutting down the government. the democrats in the house and the senate are the individuals talking about shutting down the government. we want to fund the government and protect the american people from a destructive law as it relates to health care. >> a house effort to defuse that crisis was derailed earlier this month because it lacked conservative gop support. >> the drama continues. steve, thank you so much. >>> new concerns being raised with the united states and russia securing now an agreement on securing syria's chemical weapons. how does this impact u.s. foreign policy and what about the president? let's bring in our political insiders, john, former republican congressman
. >> the president said today he will not negotiate on the debt ceiling, uma? >> well, at this point, do you see any sign of a compromise on the gop side? >> no, even as house speaker john boehner said, he's trying to find ways to avoid a government shutdown. some conservative republicans appear determined to stand their ground. >> the president is the individual who's talking about shutting down the government. the democrats in the house and the senate are the...
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ceiling. >> that's ultimately worse than raising the debt ceiling is having default or crisis. the government gets their debt rating lowered again to the point they can't get lower rates, that means the mortgages rates and housing is coming back. it would be great to control the debt with the debt ceiling. as you see through history, examples given it doesn't work at all. it becomes a political football, the other party not it in power, decides it's an of important thing. and president obama used to hate the debt ceilings. it's time to build something that controls the deficit properly and not arbitrary. >> brenda: toby, doesn't this basically give a blank check to washington saying we don't need a limit. at least when we have a limit we're forced to look at that number and realize how much we're borrowing. >> if that logic were true, they wouldn't have passed any of the spending stuff. first off, two countries in the world, united states and sweden who have a debt ceiling. people got rid of it, because what jonas is saying, it's political. and the second issue is, i don't want
ceiling. >> that's ultimately worse than raising the debt ceiling is having default or crisis. the government gets their debt rating lowered again to the point they can't get lower rates, that means the mortgages rates and housing is coming back. it would be great to control the debt with the debt ceiling. as you see through history, examples given it doesn't work at all. it becomes a political football, the other party not it in power, decides it's an of important thing. and president...
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but to jason's point about the president. he said is he not negotiating on the debt ceiling. how does he not negotiate but then negotiate? and give speaker boehner a w or an exit ramp? >> right. and you have heard comments, or read comments from white house officials or administration officials saying basically the president needs to it find a way to negotiate without looking like is he negotiating just as you suggest. look, i think the idea that this is going to turn into some big deal that will produce some grand bargain is total fantasy. that's insane to think that that's what's going to happen here. it's definitely true that the continuing resolution debt ceiling fight are going to come together, but that's because of time, not because of strategy. the idea that you are going to take this intractable position where both sides have dug in, aren't even at the point where they are negotiating. the president, jay carney said today we are not negotiating on the cr or the debt ceiling. we are not negotiating on the obama care. >> i got it, what is the end deal? i get all of the
but to jason's point about the president. he said is he not negotiating on the debt ceiling. how does he not negotiate but then negotiate? and give speaker boehner a w or an exit ramp? >> right. and you have heard comments, or read comments from white house officials or administration officials saying basically the president needs to it find a way to negotiate without looking like is he negotiating just as you suggest. look, i think the idea that this is going to turn into some big deal...
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and a point is how does this bode for the government's dell ceiling fight. >> back to you. >> the debt keeling is where the market is most. >> yes. and the world reserve occurrencey is for investor autos we have more from the panel on all of this. the politics and policy. in just hours health care exchanges will open up across the country. people sign up for obama care. what this fight was about. more from the panel right after this. >> we sent a second, third offer we're now asking simple a chance to appoint conferees get together, face-to-face, talk about the issues and idea. find room for compromise and do something better that. is what we're asking for. >> pete sessions on the house floor. let's bring in our panel once again. ab. republicans seem to liked they're going through regular motions trying to make a point they're doing everything they can by the book but the other side is not biting stha. going to work on the receipt tore cal mountain they have to climb once this sets in tomorrow? or today? >> like i said i mean, i really have affected in the last 36 hours john boehner wo
and a point is how does this bode for the government's dell ceiling fight. >> back to you. >> the debt keeling is where the market is most. >> yes. and the world reserve occurrencey is for investor autos we have more from the panel on all of this. the politics and policy. in just hours health care exchanges will open up across the country. people sign up for obama care. what this fight was about. more from the panel right after this. >> we sent a second, third offer...
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when we hear signs in washington of potential progress, temporary debt ceiling fix, we saw the market recall y. the dow up 323 points today. that's more than 2%. ditto for the nasdaq and the s&p 500. everything is in the green today. one thing in the red is the volatility index. that is down by 14%. yesterday we hit the highest level of the year. everybody was so nervous. now they see politicians, a., talk, and, b., perhaps coming together, and perhaps we can avert a potential default. and we're liking it. other people say we should wake up tomorrow morning, eric, and this 323-point game-the-strongest of the year could be erased and we'll be right back where we started. we have to watch the talk in washington but we have a little bit of relief and a little bit of hope on wall street. >> interesting that those guys down there believe those guys over there are going to get their act together. we'll leave -- >> i wouldn't go that far. >> very good, lauren. thank you very much. >> the white house doors opening for republicans today and to hear administration officials saying that's all be
when we hear signs in washington of potential progress, temporary debt ceiling fix, we saw the market recall y. the dow up 323 points today. that's more than 2%. ditto for the nasdaq and the s&p 500. everything is in the green today. one thing in the red is the volatility index. that is down by 14%. yesterday we hit the highest level of the year. everybody was so nervous. now they see politicians, a., talk, and, b., perhaps coming together, and perhaps we can avert a potential default. and...
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>> republicans point back to president clinton who negotiated on the debt ceiling and numerous times it is filled with those who negotiated on this thing. never has the congress threatened to go over that line and default. senator obama voted against it. the question i guess is, if he knew that the votes were on his side would he have still voted that way. because the result the actual vote then was 52-48 when he voted against it. if the vote was the other way around would he have threatened default? >> we talked about the technical term and what it means with tax revenues coming in and the expenditures going out. most people on wall street don't believe it is a good thing to push up against this deadline or to go over it and that is the leverage that we are dealing with now. >> no doubt, stay tuned and stand by if you will, while you continue to wait for the president to come out of the white house. who is live in that very room. so the president, a little delayed here almost four minutes late. do we know where he is and what time he is coming out. >> we expect him in a moment so. b
>> republicans point back to president clinton who negotiated on the debt ceiling and numerous times it is filled with those who negotiated on this thing. never has the congress threatened to go over that line and default. senator obama voted against it. the question i guess is, if he knew that the votes were on his side would he have still voted that way. because the result the actual vote then was 52-48 when he voted against it. if the vote was the other way around would he have...
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you're asking them to take a very tough vote for the debt ceiling. usually people in both parties want to have some cover, something they can point to and say -- >> which is fine. >> -- i want some budget process reform before i approve another trim dollars in debt. >> which is fine. if they want to do that, re-open the government, extend the debt ceiling. if they can't do it for a long time do it for the period of time in which these negotiations have taken place. why is it that we have hundreds of thousands of people who aren't working right now in order for what you just described occur? that doesn't make any sense. the small business administration gives out a billion dollars worth of loans every month to small businesses all across the country. that is not happening right now. so, there are small businesses in every state that are counting on a loan, to get their business going, and you have the party of small business saying the small business administration can't do it. you have farmers waiting for loans. right know the loans cannot be process
you're asking them to take a very tough vote for the debt ceiling. usually people in both parties want to have some cover, something they can point to and say -- >> which is fine. >> -- i want some budget process reform before i approve another trim dollars in debt. >> which is fine. if they want to do that, re-open the government, extend the debt ceiling. if they can't do it for a long time do it for the period of time in which these negotiations have taken place. why is it...
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and state senator on the debt ceiling, prosecuting the war on terror and it seems on gun policy. back in 1999 with the shooting at columbine high schoolbe fresh in everyone's minds, the illinois state senate took up a bill that would require adult prosecution for discharging a gun in or near a school. state senator obama was one of five senators to vote present on that legislation, which passed 52-1. the "chicago tribune" called him a "buttless cheap" for missing a vote for other crime legislation later that year. finally parents in wisconsin aring a are vateed a public ohio was indoctrinating in their words their children in what is called "white privilege." the course called "american diversity" had number of controversial work sheet and messagemessages that a person ss amounts to race baiting. they tell fox news, students were sent on assignment to wal-mart and asked to count number of white and black dolls. the parent added if you're white you're oppressing, if you you're nonwhite you are a victim. school officials say they will evaluate that course before it is taught again.
and state senator on the debt ceiling, prosecuting the war on terror and it seems on gun policy. back in 1999 with the shooting at columbine high schoolbe fresh in everyone's minds, the illinois state senate took up a bill that would require adult prosecution for discharging a gun in or near a school. state senator obama was one of five senators to vote present on that legislation, which passed 52-1. the "chicago tribune" called him a "buttless cheap" for missing a vote for...
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does one side feel softened up at that point to be a little more flexible on the debt ceiling? or do both sides dig their heels in on that as well? and the question is obviously for this show and for many americans what the economic impact would be at that point. and so a lot of questions at this point. but it really is striking, the fact that there are not discussions going on at this point. senator harry reid seems to feel like whatever, you know, they're offering, if they go anywhere near the health care law, it is no deal whatsoever. there seeps to be some low hanging fruit, but every suggestion that the house sends over, we talked to reid's aides, and they say "dead on arrival," including this latest one about the individual mandate. and also about the exemptions for parts of washington. they don't want any part of it. they feel like they have the strength. they'll try to teach republicans a lesson with this. we'll see what the impact is, assuming that continues to be the thinking going forward into this evening. >> amazing. thank you very much. if you could just stick aro
does one side feel softened up at that point to be a little more flexible on the debt ceiling? or do both sides dig their heels in on that as well? and the question is obviously for this show and for many americans what the economic impact would be at that point. and so a lot of questions at this point. but it really is striking, the fact that there are not discussions going on at this point. senator harry reid seems to feel like whatever, you know, they're offering, if they go anywhere near...
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the dow fell more than 800 points before a deal was reached to avoid a shutdown and increase the debt ceiling. but it fell another 1,200 points after that. the nasty fight cost the united states its aaa credit rating for the first time in history. still the economy itself held up okay in hindsight. it chalked up 3% growth by the last quarter of 2011, job creation accelerated and stocks rebounded. the pattern was the same in the '95-'96 government shutdown. this time around worried countries in the imf and washington are pushing congress and the white house for a deal. >> more than 50% of all exports are to developing countries. this is not just that it's going to have an impact, negative impact on developing countries, it's going to have a direct negative impact on exports in the united states. so we just urge them to continue talking and come to a solution. >> u.s. bond markets are closed tomorrow for columbus day, but stock markets are open, so buckle your seatbelt. chris? >> thank you. we'll be following how the markets react. as we said, the senate is now at the center of budget t
the dow fell more than 800 points before a deal was reached to avoid a shutdown and increase the debt ceiling. but it fell another 1,200 points after that. the nasty fight cost the united states its aaa credit rating for the first time in history. still the economy itself held up okay in hindsight. it chalked up 3% growth by the last quarter of 2011, job creation accelerated and stocks rebounded. the pattern was the same in the '95-'96 government shutdown. this time around worried countries in...
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ceiling on thursday. >> chad, thanks very much. house republicans at this point not looking like they will be getting very much out of this deal. democrats today labeling them reckless, radical, appeasing the tea party. how should republicans respond to that? let's ask former presidential candidate, rick santorum. sounds like the republicans are in full retreat. sounds lining you got beat. what's your judgment? >> well, certainly doesn't sound good, but what i see from the house republicans is not a willingness to accept defeat and their resolve to continue to fight for reasonable restraints on spending and reasonable changes to obamacare that ben fit the american public, and i think they have -- benefit the american public, and they have every right to stand form. they're not asking for anything radical or extreme. quite the contrary. what they're asking for here is fairly minimal, compared to what was on the table just a couple of months ago. >> i understand this new plan that is just breaking now, they've retreated in one area.
ceiling on thursday. >> chad, thanks very much. house republicans at this point not looking like they will be getting very much out of this deal. democrats today labeling them reckless, radical, appeasing the tea party. how should republicans respond to that? let's ask former presidential candidate, rick santorum. sounds like the republicans are in full retreat. sounds lining you got beat. what's your judgment? >> well, certainly doesn't sound good, but what i see from the house...
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how big a deal is the debt ceiling? >> i heard part of that. i think how long could we do this or how big a deal? it depends. right now at this point it looks like we could survive for a while, a few days, the deadline you hear, october 17th, by which time on a separate issue with the debt limit we run out of cash, according to the treasury secretary, then we have to juggle bills like you would your mortgage payment versus your visa bill and you juggle the bills you really have to pay and ones you don't have to, you put aside. so the government has done this before. how long we could do that, most say a few weeks, up to a few months. it depends. >> trace: what about the debt deal? do we see republicans, if they fail this time, they miss out on the budget monday, do they load a lot of things into the debt deal package trying to get the president to give them concessions? >> i'm ruining your broadcast. i think the gist is the chance of a debt deal is going in and out. i apologize, it probably better than a budge resolution. a debt deal looks very
how big a deal is the debt ceiling? >> i heard part of that. i think how long could we do this or how big a deal? it depends. right now at this point it looks like we could survive for a while, a few days, the deadline you hear, october 17th, by which time on a separate issue with the debt limit we run out of cash, according to the treasury secretary, then we have to juggle bills like you would your mortgage payment versus your visa bill and you juggle the bills you really have to pay and...
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this has just gone on too long for some, and especially with the debt ceiling breathing down their backs. and the idea to punt this past the election is a very important point because it's almost like -- the original cr to keep the government open was only go to run to dem 15th. here's the problem. boxers only fight four to five times a year. these guys don't have it in them to fight again that soon you can't do that over and over again. >> neil: thank you, buddy. on that vote for funning funnine government right through the next election, a lot of republicans, at least a couple of prominent ones, are behind it. it's john mccain. we'll ask him because he is next. an dream is of a better future, a confident retirement. those dreams, there's just no way we're going to let them die. ♪ like they helped millions of others. by listening. planning. working one on one. that's what ameriprise financial does. that's what they can do with you. that's how ameriprise puts more within reach. ♪ [ male announcer ] may your lights always be green. [ tires reech ] ♪ [ beeping ] ♪ may you never be
this has just gone on too long for some, and especially with the debt ceiling breathing down their backs. and the idea to punt this past the election is a very important point because it's almost like -- the original cr to keep the government open was only go to run to dem 15th. here's the problem. boxers only fight four to five times a year. these guys don't have it in them to fight again that soon you can't do that over and over again. >> neil: thank you, buddy. on that vote for funning...
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-- from the implementation of his own law that he says is good for everybody. >> that's the point. republicans have planted their flag in a place that the president cannot and will not go. maybe he'd agree to the medical advice tax being lifted. but he will never agree to, for instance, delaying the individual mandate or defunding obama care. he can't and he won't. that's the problem here. but the white house has always said it will negotiate on the budget. it just won't negotiate on the debt ceiling. of course there are going to be negotiations and they're going to lead to hopefully a resolution on the debt ceiling. they're just not going to be about the debt ceiling. >> planting the flag on the senate floor for more than 21 hours, more with the panel, we'll start with charles when we come back. [ male announcer ] making a dodge in 100 easy steps. step 1 -- study the competition. step 2 -- get angry. they're boring. 3 -- make a car from scratch the dodge way. steps 4 through 28 -- recall 100 years of know-how. start building, try things. yes. make it different. not that different.
-- from the implementation of his own law that he says is good for everybody. >> that's the point. republicans have planted their flag in a place that the president cannot and will not go. maybe he'd agree to the medical advice tax being lifted. but he will never agree to, for instance, delaying the individual mandate or defunding obama care. he can't and he won't. that's the problem here. but the white house has always said it will negotiate on the budget. it just won't negotiate on the...
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and the point is if you want to win on that, and you can, you've got to do it on the debt ceiling, you don't do it on the cr because you're going to lose as they're losing right now. >> chad is on the phone, just checking his watch. i guarantee he's doing what's called a 3:20 call. oh, he may have heard that i'm talking about him. and he's checking his watch. we don't know when boehner is coming. he's probably telling that to the entire bureau here. he does a lot of them throughout the day and he keep us updated on what's going on. he is really one of the best up there. >> oh, yes, he is. and he has been furiously reporting tonight. >> as soon as this vote series is done, we're not sure how many votes will be in this sequence. so that's not that promising actuallier, for this live 1:00 a.m. show that we are in. when does "fox & friends" start? bottom line is we're wait thong vote series. eventually, they have to get to a place that is an exit ramp, right, steve? isn't there going to be something that says okay, we've dope our thing. let's fight on the debt ceiling. and when's the exit
and the point is if you want to win on that, and you can, you've got to do it on the debt ceiling, you don't do it on the cr because you're going to lose as they're losing right now. >> chad is on the phone, just checking his watch. i guarantee he's doing what's called a 3:20 call. oh, he may have heard that i'm talking about him. and he's checking his watch. we don't know when boehner is coming. he's probably telling that to the entire bureau here. he does a lot of them throughout the...
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i think the breaking point is we don't want to get to the breaking point, which is the debt ceiling. we cannot go there. we've got to have meaningful, serious discussion. resolve this crisis long before that. >> i really appreciate the time today, limited as it is. thank you so much. >> my pleasure. it really is a busy day. the market finished up more than 100 points. that's a good thing, we're in the green. in the mean type, thank you so much for joining us on "your world." "the five" is next. >>> hello, everyone, i'm kimberly guifoyle. it is 5:00 in new york city. and this is "the five." >>> we have a jam-packed show. the one and only megan kelly will be here to talk about her new prime-time smash hit the kelly file and much more. first, there may have been a break through in washington today on day 11 of the washington shutdown. the president met with republicans in the senate earlier today. he just spoke with john boehner. ed henry has been following it all. >> reporter: the bottom line is the white house is saying the
i think the breaking point is we don't want to get to the breaking point, which is the debt ceiling. we cannot go there. we've got to have meaningful, serious discussion. resolve this crisis long before that. >> i really appreciate the time today, limited as it is. thank you so much. >> my pleasure. it really is a busy day. the market finished up more than 100 points. that's a good thing, we're in the green. in the mean type, thank you so much for joining us on "your...
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but the presence of the debt ceiling is what is saving grace from the gop point of view. obama can't allow it. the more we move away from the closing of the government, it continues, but it will have less effect. it's very ominous for the president, the approach. i suspect that if the shutdown continues into the end of next week, you'll see movement from the democrats because that will be a catastrophe for them politically apart from what it does to the country. >> the president has made an enormous concession that no one has noted. he keeps insisting i want a clean continuing -- which means i want the sequester to continue. the sequester for all of the many detractors of john boehner has a huge achievement for those who want to shrink government spendi spending. >>> we'll continue in a moment. we'll talk about the debt ceiling and how that's lining up. stay with us. good job! still running in the morning? yeah. getting your vegetables every day? when i can. [ bop ] [ male announcer ] could've had a v8. two full servings of vegetables for only 50 delicious calories. >>> i
but the presence of the debt ceiling is what is saving grace from the gop point of view. obama can't allow it. the more we move away from the closing of the government, it continues, but it will have less effect. it's very ominous for the president, the approach. i suspect that if the shutdown continues into the end of next week, you'll see movement from the democrats because that will be a catastrophe for them politically apart from what it does to the country. >> the president has made...
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. >> if you looked at the time that elapsed since the july 21 debate over the debt ceiling and then the super committee and the failure of the supercommittee when the president threatens to veto any attempts to get around the sequester cuts. the sequester cuts at that point he was happy with, he wanted them to be implemented and we can't consider the cuts. now he claims the same cuts would be calamitous. look, everybody on all sides of this i think has some egg on their face. >> greta: is that egg-- wouldn't they be embarrassed? not just egg, not one of them is sitting there coming up, now, once march 22nd rolls around they're out of town and what they've done, trashing each other leading up to it. >> this was the problem with the the entire sequester process, the entire super committee, from its conception back in july of 2011. anytime you give politicians in washington an opportunity to take an out, however difficult it might seem on the surface, where they're not going be to be blamed directly. >> that was their idea. >> they're-- >> we didn't impose it upon them. -- >> the idea orig
. >> if you looked at the time that elapsed since the july 21 debate over the debt ceiling and then the super committee and the failure of the supercommittee when the president threatens to veto any attempts to get around the sequester cuts. the sequester cuts at that point he was happy with, he wanted them to be implemented and we can't consider the cuts. now he claims the same cuts would be calamitous. look, everybody on all sides of this i think has some egg on their face. >>...
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and a point is how does this bode for the government's dell ceiling fight. >> back to you. >> the debt keeling is where the market is most. >> yes. and the world reserve occurrencey is for investor autos we have more from the panel on all of this. the politics and policy. in just hours health care exchanges will open up across the country. people sign up for obama care. what this fight was about. more from the panel right after this. ready to run your lines? okay, who helps you focus on your recovery? yo, yo, yo. aflac. wow. [ under his breath ] that was horrible. pays you cash when you're sick or hurt? [ japanese accent ] aflac. love it. [ undehis breath ] hate it. helps you focus on getting back to normal? [ as a southern belle ] aflac. [ as a cowboy ] aflac. [ sassily ] aflac. uh huh. [ under his breath ] i am so fired. you're on in 5, ck. [ male announcer ] when you're sick or hurt, aflac pays you cash. find out more at aflac.com. >> we sent a second, third offer we're now asking simple a chance to appoint conferees get together, face-to-face, talk about the issues and idea. find r
and a point is how does this bode for the government's dell ceiling fight. >> back to you. >> the debt keeling is where the market is most. >> yes. and the world reserve occurrencey is for investor autos we have more from the panel on all of this. the politics and policy. in just hours health care exchanges will open up across the country. people sign up for obama care. what this fight was about. more from the panel right after this. ready to run your lines? okay, who helps...
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that this shutdown continues, and if it runs up against the debt ceiling the fear for them is overreached and does the public look at washington and not decide that there is any difference between republicans, democrats and capitol hill and the white house. they have an incentive to get it wrapped up at some point, and they wouldn't mind to have this go on another day or two to boost their cause. >> listen to what was said moments ago on the house floor. >> he was prepared to sacrifice the towns around yosmite when he was on a jihad for american citizens to get health care. he was fully prepared to sacrifice the parks. >> the time for the gentleman has expired. >> the gentleman -- >> he must have said jihad about nine times, howie, about republicans. the rhetoric has gone to a level is that just pretty amazing. >> it really is a case of politicians, i think, feeling the heat from constituents who look at what is going on here and just can't understand why people can't get together and do their jobs. and the president could benefit from this because the republicans are bearing the burden a
that this shutdown continues, and if it runs up against the debt ceiling the fear for them is overreached and does the public look at washington and not decide that there is any difference between republicans, democrats and capitol hill and the white house. they have an incentive to get it wrapped up at some point, and they wouldn't mind to have this go on another day or two to boost their cause. >> listen to what was said moments ago on the house floor. >> he was prepared to...
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that debate and whether to raise the debt ceiling republicans have signald that they are going to use that to try to get spending cuts and entitlement reforms. >> and i expect it going to end up with a patch and what is from the point of view of our fiscal problems another failure as tonight. and the reason is if you have two elements in this the, the president and the republican house which will be on more equal strength and they will resist each other and go to the last minute and they will work out another useless extension and have to fight again. the reason i say that is that everybody spoke about what we would do tax reform after the election and entitlement reform after the election. we see a president now who is not interested in either and tax reform is the one thing that has debt reduction commission -- that his debt reduction commission had recommend the. when regan worked it out with tip o'neill in 1986 there was an enormous success. eliminate the deductions and lower the rate. this will be a titanic struggle that will not be solved at debt ceiling time. >> bret: check in
that debate and whether to raise the debt ceiling republicans have signald that they are going to use that to try to get spending cuts and entitlement reforms. >> and i expect it going to end up with a patch and what is from the point of view of our fiscal problems another failure as tonight. and the reason is if you have two elements in this the, the president and the republican house which will be on more equal strength and they will resist each other and go to the last minute and they...
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so they're going for this, at least a short-term extension on the debt ceiling. >> i wanted to read a little bit more from this white house statement that came out, this, from unidentified white house official. he goes on or he perhaps, she goes on to say, while we are willing to look at any proposal congress puts forward to end these manufactured crises, we will not allow a faction of the republicans in the house to hold the economy hostage to its extraneous and extreme political demands. i mean, you know, if you're going to talk about negotiating and talk about ending this thing, it seems like tempering the language might, well, this might be the time to do that. there are still talking pretty tough there at the white house. >> the president a couple days ago when you listen to the press conference, he said multiple times, i'm happy to talk. i will talk. i'll talk for hours. but there wasn't much, he wasn't saying i'm going to compromise. so i think there, while there is some hope, i think it is being held out that he could compromise a little bit on entitlement reform, elements he
so they're going for this, at least a short-term extension on the debt ceiling. >> i wanted to read a little bit more from this white house statement that came out, this, from unidentified white house official. he goes on or he perhaps, she goes on to say, while we are willing to look at any proposal congress puts forward to end these manufactured crises, we will not allow a faction of the republicans in the house to hold the economy hostage to its extraneous and extreme political...
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the point of raising the debt ceiling is to allow to us borrow. he talked about the debt ceiling a dozen times. not once did he use the word "borrow." that means we are going to continue to borrow for every dollar the government spend, only 60 cents of it come from taxes. the rest, 40% is borrowed mup. the reason that the republicans are objecting, we have to start to reduce the 40 cents. if you think about that. you are destroying the credit of the united states of america. >> surprising how much of the news conference dealt with this issue. it was pointed questions. there were only seven of them total. press corps that was hitting op this numerous times. your thoughts of the overall tone here? >> the tone was petulant. acting annoyed that people were asking him questions and they were doing the followup questions they don't normally do. that was good. they were pressing him on things. he is being asked about the vote that you just referred to. he didn't do a great job of explaining the situation. the back and forth going on whether we will defau
the point of raising the debt ceiling is to allow to us borrow. he talked about the debt ceiling a dozen times. not once did he use the word "borrow." that means we are going to continue to borrow for every dollar the government spend, only 60 cents of it come from taxes. the rest, 40% is borrowed mup. the reason that the republicans are objecting, we have to start to reduce the 40 cents. if you think about that. you are destroying the credit of the united states of america. >>...
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with the debt ceiling coming up, what impact will this have on the gop? joining me is septemberor from doin dine and wisconsin. >> thank you, uma. >> congressman, i know you voted for the bill and many colleagues are angry you supported it and say you abandoned the gop's core beliefings. did you read the bill before you voted for it? >> i sure did . that was part of the problem. it was over 500 . took time to absorb what was in it i made the determination of going forward. you can only negotiate with somebody who had something to do . that is it a tax and spend posiddings . how would they lose in a deal that gives them 45 -- $500 billion and no spending restraint. if i could fix taxes for nan percent of the americans it was the best deal to get. >> do you agree that you abandoned the core beliefs of the gop? >> no, it is it the other way around. taxes had gone up as of know judge 1st and no way ofing themm doup >> clayton: is it a republican or consebative deal to raise taxes. >> congresswoman. how bad is the device this time. >> we need to q. back and lo
with the debt ceiling coming up, what impact will this have on the gop? joining me is septemberor from doin dine and wisconsin. >> thank you, uma. >> congressman, i know you voted for the bill and many colleagues are angry you supported it and say you abandoned the gop's core beliefings. did you read the bill before you voted for it? >> i sure did . that was part of the problem. it was over 500 . took time to absorb what was in it i made the determination of going forward. you...
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that is the threat from the debt ceiling. this puts greater, much greater pressure on president obama to get some kind of a deal because at that point, mid-october, we run out of money. pressure on the president because he is the chief executive officer of the country. it is up to him to get a deal. he will get far more of the blame if we don't get a deal than if we hadn't got a deal over obamacare and the budget. shifting the time deadline threat. bill: stuart, will we default? is that still a threat or not? >> no. default, technically, default is when you do not pay back the principle and interest which you owe. after october the 17th, we still have awful lot of tax money rolling in each and every day. that will take care of principle and interest payments for some time to come. you default weeks down the road if there is no agreement. bill: you have the debt ceiling battle. i mean 17 trillion, the stakes are even higher for that, are they not? >> yes. for the first time ever it is possible, first-ever default is possible w
that is the threat from the debt ceiling. this puts greater, much greater pressure on president obama to get some kind of a deal because at that point, mid-october, we run out of money. pressure on the president because he is the chief executive officer of the country. it is up to him to get a deal. he will get far more of the blame if we don't get a deal than if we hadn't got a deal over obamacare and the budget. shifting the time deadline threat. bill: stuart, will we default? is that still a...
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does the president act on his own and raise the debt ceiling out even going through congress? >> he has said that he won't go to the 14th amendment, which is the mechanism he could do it. but nancy pelosi said she would do it in the second. >> without seeing whether or not they can come up with a bipartisan solution. what are we going to end up doing, print money? >> they do that every day. how would anything be different? the bottom line is when you look at the fiscal cliff deal, $600 billion in new revenue on high income earners and $15 billion in spending cuts, leaving a $4 trillion hole on the budget over the next ten years, you can't keep going that direction. something has to happen. it's a matter of -- everybody agrees, when i asked van hollande and jordan i said do you agree we need to rain in the debt? yes. the question is how do you get there. when you look at the argument on "fox news fox "fox news sunday." how do you come to an agreement that's beneficial to the american people. >> before i let you go, let me ask you what sense you got and look back because this fi
does the president act on his own and raise the debt ceiling out even going through congress? >> he has said that he won't go to the 14th amendment, which is the mechanism he could do it. but nancy pelosi said she would do it in the second. >> without seeing whether or not they can come up with a bipartisan solution. what are we going to end up doing, print money? >> they do that every day. how would anything be different? the bottom line is when you look at the fiscal cliff...
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. >> katie, speaker boehner, that is the leverage he has on the debt ceiling to try to make sure the united states could live more within its means, a good message for the republicans. what do you think of that? >> it is. i want to point out president obama talks for the first time in history defaulting our debt. the was the first president in our history that saw our credit rating downgraded and voted against the debt increase in 2006. when speaker boehner says we need negotiations for what we get in return for increasing the debt ceiling, by the way, 58% of americans according to a new fox news poll say if they were voting on it they wouldn't increase the debt ceiling. for president obama to say we're not going to meet our obligations, republicans are threatening to breach the debt ceiling, they're not threatening that. president obama is the one calling speaker boehner saying, i'm not going to negotiate. >> the change on boehner's part, he didn't mention the debt ceiling. his leverage on the continuing resolution. that 58%, i understand why people would react to that poll question
. >> katie, speaker boehner, that is the leverage he has on the debt ceiling to try to make sure the united states could live more within its means, a good message for the republicans. what do you think of that? >> it is. i want to point out president obama talks for the first time in history defaulting our debt. the was the first president in our history that saw our credit rating downgraded and voted against the debt increase in 2006. when speaker boehner says we need negotiations...
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>> reporter: president obama said he would sign a short-term debt ceiling extension to take default off the table. he does not want to sign something that has other conservative add-ons. here's the treasury secretary on the hill this morning on this very issue. >> the president made clear that he thinks dealing with this for a longer period of time would be good for the economy but he did not rule out doing something shorter if that is what congress does. i think we've been very clear what we think the right thing to do is. >> reporter: if there is house republican buy-in on this deal the six-week extension this could move very quickly but sometimes they get behind closed doors and these deals may fall apart. bill. bill: you're very right about that. thank you, mike emanuel on the hill. martha. martha: bret baier joins us, anchor of "special report." it feels like there is movement here. seeps to me though it comes down to a little bit of what your definition is of a clean debt limit increase or whether or not that includes a promise to do some reform in taxes and also entitlements? >>
>> reporter: president obama said he would sign a short-term debt ceiling extension to take default off the table. he does not want to sign something that has other conservative add-ons. here's the treasury secretary on the hill this morning on this very issue. >> the president made clear that he thinks dealing with this for a longer period of time would be good for the economy but he did not rule out doing something shorter if that is what congress does. i think we've been very...
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push comes to shove here, the continuing resolution or the debt ceiling, but at some point, it's either symbolic or they have to be willing to shut down the government. his answer to me was that the full faith and credit of the united states would be in jeopardy and my answer to him was, wait a minute, we take in 2.7 billion our obligations could be paid for seniors and the military and our debt service, who is right? >> you're right because boehner is repeating what obama says. the bottom line is this, the debt is the interest on the debt that is due. we bring in far more money than is required to pay the interest on the debt to cover social security and medicare, to cover the military and the vets. >> sean: all right. >> and what he's talking about and boehner is doing is paying for all the rest of the stuff. >> sean: by the way, you look good, great one. you lost some weight and you're working out and you look like you're ready to go in ufc boxing which you love so much. >> i love the ufc. god bless you. thank you, buddy, you're looking pretty good yourself in a manly kind of way. >>
push comes to shove here, the continuing resolution or the debt ceiling, but at some point, it's either symbolic or they have to be willing to shut down the government. his answer to me was that the full faith and credit of the united states would be in jeopardy and my answer to him was, wait a minute, we take in 2.7 billion our obligations could be paid for seniors and the military and our debt service, who is right? >> you're right because boehner is repeating what obama says. the...
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faces what the administration calls the line in the sand for congress to raise the debt ceiling, at point at which the treasury secretary says he will have no more options. and the country could face default. in the midst of a polarizing partisan disagreement about almost everything, there is one situation that i'll agree must be addressed. involving families of fallen military personnel. we have fox team coverage, brit hume is here in the bureau. ed henry is at the white house updating what the president and his people are doing. but we begin with national security correspondent jennifer griffin at the pentagon. >> good evening, jennifer. >> good evening, bret. after two days of political gripping the congress scrambled to make a resolution to make things right. >> reporter: they paid the ultimate sacrifice for the nation and their families were paid the ultimate insult. denied the $100,000 in death benefits and paid travel to dover air force base to meet their next of kin due to the partial government shutdown. sergeant joseph parts, first lieutenant jennifer marino, sergeant patrick ha
faces what the administration calls the line in the sand for congress to raise the debt ceiling, at point at which the treasury secretary says he will have no more options. and the country could face default. in the midst of a polarizing partisan disagreement about almost everything, there is one situation that i'll agree must be addressed. involving families of fallen military personnel. we have fox team coverage, brit hume is here in the bureau. ed henry is at the white house updating what...
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since the debt ceiling agreement passed 16 months ago the day after it passed we got a downgrade from s&p. a week after the market dropped 1300 points. the supercommittee which chris and so many members voted for fell apart like we all thought it would and the only scheduled cuts that were supposed to take place we just suspended them five days ago in the fiscal cliff deal. we have yet to cut one dime from the last debt ceiling agreement and now here it is time to do it again. we got to stop the madness. this is the 18-year-old kid on the credit card and they maxed out the credit card. instead of cutting it up and putting them on a budget barack obama says give us a new credit card and by the way, harry reid you don't have to pass a budget in three years. this is crazy. >> would you support this year letting the debt ceiling deadline last? >> what i won't support is not dealing with the problem. americans sent us here to deal with the problem. the way this town works this fiscal cliff deal the only winners in the fiscal cliff deal were washington. they got more money. the folks i repr
since the debt ceiling agreement passed 16 months ago the day after it passed we got a downgrade from s&p. a week after the market dropped 1300 points. the supercommittee which chris and so many members voted for fell apart like we all thought it would and the only scheduled cuts that were supposed to take place we just suspended them five days ago in the fiscal cliff deal. we have yet to cut one dime from the last debt ceiling agreement and now here it is time to do it again. we got to...
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ceiling raised through february 7th, and having broader budget talks, they're promising to get that done before the holidays, we've heard it before, they have not followed through. and even if they seal this deal tomorrow they would have to work at lightning speed to get to the thursday deadline when we lose our borrowing authority, megyn. >>> ed henry, thank you, as we learned the house would not pass a deal tonight, the folks over at fitch credit rating sent a warning saying they are reviewing our country's credit rating right now. so it is not a downgrade, but a warning. >> it is important because it is a warning, and fitch is saying that we are concerned that america cannot get a handle, a grip on its debt long-term, conce concerned about volatile political leadership which is not doing its job in organizing finances. and essentially, that leadership, that worry about we just can't get our finances under control. >> is that what it is? because i watched other networks tonight and their analysts said it is all about a message to the republicans to stop doing this crisis to crisis
ceiling raised through february 7th, and having broader budget talks, they're promising to get that done before the holidays, we've heard it before, they have not followed through. and even if they seal this deal tomorrow they would have to work at lightning speed to get to the thursday deadline when we lose our borrowing authority, megyn. >>> ed henry, thank you, as we learned the house would not pass a deal tonight, the folks over at fitch credit rating sent a warning saying they are...
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Oct 9, 2013
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faces what the administration calls the line in the sand for congress to raise the debt ceiling, at point at which the treasury secretary says he will have no more options. and the country could face default. in the midst of a polarizing partisan disagreement about almost everything, there is one situation that i'll agree must be addressed. involving
faces what the administration calls the line in the sand for congress to raise the debt ceiling, at point at which the treasury secretary says he will have no more options. and the country could face default. in the midst of a polarizing partisan disagreement about almost everything, there is one situation that i'll agree must be addressed. involving
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Oct 17, 2013
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moodies lowering credit rating in 2011 simply because of that debate about the debt ceiling. of course, there was no default then but the entire debate, the uncertainty did lead to that downgrade. fears of that again now. and so the president was sort of pointing out that, look, we have been in this situation before despite those fears in 2011 super committee to work. the two fold one the stars were aligned for them to coming downfall of 2011. secondly there was real teeth with scwetsster cuts. so painful that both parties would make sure they would do their jobs. well, they still didn't do their jobs. that's why there is going to be a lot of people skeptical that they just kicked the can down the road again, bret. >> ed henry live in the briefing room. let's check in with chief congressional correspondent mike emanuel on the hill where the house is getting ready to vote. how long do you think this is going to go, mike? >> bret, that's a great question. we have not gotten more concrete guidance but we are told it would go extremely quickly that some the process stuff and i wo
moodies lowering credit rating in 2011 simply because of that debate about the debt ceiling. of course, there was no default then but the entire debate, the uncertainty did lead to that downgrade. fears of that again now. and so the president was sort of pointing out that, look, we have been in this situation before despite those fears in 2011 super committee to work. the two fold one the stars were aligned for them to coming downfall of 2011. secondly there was real teeth with scwetsster cuts....
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Oct 11, 2013
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to create a little bit of negotiating space on the the debt ceiling. to begin negotiations on the funding bill. so, you know, it took a long time to get to the point where the president says i'm not ready to say yes or no. talks are going to continue in the evenings. stay tuned. >> congressman, we have two reports. new york times says obama reejects gop offer of a short term debt limit plan because it doesn't deal with the government shutdown. and the president said the meeting went well. lasted an hour and a half. after discussion about a path forward, no specific determination was made. >> right. >> i believe the new york times or the office of the white house. you uh help me out. >> both jeb and i were in the room. the president didn't say yes, didn't say no. it wases a useful hour and however many minutes to the clarify where the parties stood. these are serious times. we have a huge deficit problem, a huge spending problem. it shouldn't have gotten though critical state before we got a negotiation with the president. it would have been nicer to av
to create a little bit of negotiating space on the the debt ceiling. to begin negotiations on the funding bill. so, you know, it took a long time to get to the point where the president says i'm not ready to say yes or no. talks are going to continue in the evenings. stay tuned. >> congressman, we have two reports. new york times says obama reejects gop offer of a short term debt limit plan because it doesn't deal with the government shutdown. and the president said the meeting went well....